‘Absolutely Not’: FTX’s Former General Counsel Says He Never Approved Loans of Customer Funds

https://www.coindesk.com/policy/2023/10/19/absolutely-not-former-ftx-general-counsel-says-he-never-approved-loans-of-customer-funds/

Sun, who testified under a non-prosecution agreement, also described how he tracked loans to FTX and Alameda executives – but his record of the loans did not match another document the DOJ showed him, he said.

Tornado Cash Developer Roman Storm Pleads Not Guilty to Money Laundering, Other Charges

https://www.coindesk.com/policy/2023/09/06/tornado-cash-developer-roman-storm-pleads-not-guilty-to-money-laundering-other-charges/

Storm, a U.S. resident, was arrested two weeks ago on charges of conspiracy to facilitate money laundering and sanctions evasion. Prosecutors allege that he, alongside fellow developers and cofounders Roman Semenov and Alexey Pertsev, helped bad actors launder over $1 billion in stolen crypto, including “hundreds of millions” for North Korea, through their work building Tornado Cash.

Sam Bankman-Fried Jailed Ahead of Trial

https://www.coindesk.com/policy/2023/08/11/sam-bankman-fried-jailed-ahead-of-trial/

Bankman-Fried is currently set to go on trial at the start of October on wire fraud, commodities fraud, securities fraud, money laundering and related conspiracy charges. He faces another trial, tentatively scheduled for next March, on additional charges brought by the DOJ after Bankman-Fried’s arrest and extradition.

House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills

https://www.coindesk.com/policy/2023/07/27/house-financial-services-committee-votes-in-favor-of-crypto-blockchain-bills/

“The amendment offered to NDAA by Senators Lummis, Gillibrand, Warren, and Marshall is a thoughtful approach, however, we continue to seek needed regulatory clarity on which projects, tokens, and activity are overseen by which agencies,” she said through a spokesperson.

Judge Punts on FTX Founder Sam Bankman-Fried’s Efforts to Dismiss Some Charges

https://www.coindesk.com/policy/2023/06/15/judge-punts-on-ftx-founder-sam-bankman-frieds-efforts-to-dismiss-some-charges/

Judge Lewis Kaplan, of the U.S. District Court for the Southern District of New York, asked the FTX founder’s defense team several questions about their motion to dismiss bank fraud, wire fraud and campaign finance charges, though he did not make a decision on the motions to dismiss during Thursday’s hearing.